MYRTLE COTTAGE, BONCHURCH SHUTE, VENTNOR, PO38 1NX - £345,000

MYRTLE COTTAGE is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £345,000 in October 2013, which was around 35% above the average October 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was F.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two MYRTLE COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 29 OCT	£345,000	£255,998	35% above HPI
1998 20 JAN	£132,000	£83,843	57% above HPI

MYRTLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two MYRTLE COTTAGE sales from January 1998 and October 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1998 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2013 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 123m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where MYRTLE COTTAGE lies on this distribution: 52% of detached houses are smaller than MYRTLE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of MYRTLE COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MYRTLE COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MYRTLE COTTAGE?

MYRTLE COTTAGE is located on BONCHURCH SHUTE in VENTNOR, in the PO38 postcode district. The below map shows the position of MYRTLE COTTAGE on BONCHURCH SHUTE.